In February 2019, it was reported that Indian Super League side Pune City were struggling financially and that their owners were looking to sell the club.
[6] On 26 August 2019, it was reported by the Hindustan Times that Pune City had disbanded and that former Kerala Blasters CEO Varun Tripuraneni had bought a majority stake in the club.
However, the next day, on 27 August 2019, it was announced that Hyderabad would replace Pune City for the 2019–20 season, with Tripuraneni and businessman Vijay Madduri buying the ownership rights to the team.
[10] In late September, just before the start of the 2019–20 season, it was revealed that Hyderabad had signed almost every player from Pune City's final squad.
[22] After struggling early in the season, the team made a decent comeback, as they had an unbeaten run which lasted for 12 matches.
[23][24] In their third season of the Indian Super League, Hyderabad FC won their maiden title on March 20, 2022 in Margao, Goa.
[25] In their fourth season of the Indian Super League, Hyderabad FC finished 2nd in the table to directly qualify for the Semi-Final and avoiding Knockout match.
[27] The club also confirmed the departures of Odei Onaindia, Borja Herrera, Akash Mishra, Joel Chianese, Halicharan Narzary and Javier Siverio.
Afterwards, Jonathan Moya, Joe Knowles, Petteri Pennanen and Felipe Amorim became the high profile incomings.
[28] On 3 May 2023, Mohun Bagan SG were confirmed 2023-24 AFC Cup preliminary round slot after a 3–1 win via penalties over Hyderabad FC.
[42] The stadium used to host matches for Fateh Hyderabad in the I-League 2nd Division but the club relocated after saying that the "pitch was not in good shape".
Madduri, the chief executive officer of the Hyderabad-based company Incessant Technologies, said that he was looking forward to his "significant role in developing football in the state, reviving its past glory".
I look forward to working with key stakeholders and building a strong foundation for the club, which will eventually contribute to society and do the city proud.
[45] On 24 October 2019, it was announced that prominent Telugu actor Rana Daggubati would also join Madduri and Tripuraneni as a co-owner of the club.
"[46] In 2024 BC Jindal Group takes over Hyderabad FC, clearing all the financial issues which the club was facing from the start of 2023-24 Indian Super League season .
Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.
Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.